Two US service members were killed in action in Jordan and one went missing while defending against Iranian ballistic missile attacks, said media reports citing US CENTCOM. This comes after Iran launched a wave of attacks on US allies in retaliation against seventh day of American military strikes.
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A power and water desalination station in Kuwait was damaged in an Iranian attack on Saturday, triggering a fire and forcing the temporary shutdown of many units, reported state media. Several firefighters and an worker were injured while battling fires at two sites targeted in the attacks.
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Iran launched renewed attacks on US Gulf allies on Saturday after the United States completed a seventh consecutive night of strikes targeting Iranian military infrastructure, marking a sharp escalation one week after a fragile ceasefire collapsed, said media reports.
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The UAE economy has shown remarkable resilience to the conflict in the Middle East, supported by strong buffers, timely and well-targeted policy response including by the government and the CBUAE Financial Institution Resilience Package, and the rerouting of oil and other trade flows, an International Monetary Fund (IMF) mission has said.
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Residential developers are under mounting pressure to meet evolving buyer expectations and stricter sustainability standards while delivering long-term value. As the global construction industry is set to hit $16.1 trillion by 2030, high-performance homes are emerging as a key solution, said an industry expert.
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Saudi-based Al Yamamah Steel Industries Company has announced that its reinforcing steel bars unit has awarded a major contract to Italian engineering and manufacturing corporation Danieli for setting up a steel billet production plant within its premises in the kingdom by 2029.
Bahri Logistics, a business unit of the National Shipping Company of Saudi Arabia (Bahri), has launched the Bahri Bonded Zone at Jeddah Islamic Port.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Future Fund Oman (FFO), a portfolio of the sultanate's sovereign wealth fund Oman Investment Authority (OIA), has announced a new package of 105 strategic projects and investments worth $1.74 billion, spanning renewable energy, manufacturing and tourism industries.
Dubai Road Transport Authority (RTA) has announced the launch of self-driving taxi service for public use in partnership with Apollo Go.
Oil prices eased slightly on Thursday after a three-day rally, but Goldman Sachs warned that the market remains vulnerable to a fresh price spike as China is expected to return to the market to rebuild crude stockpiles while global emergency inventories have been significantly depleted by the Gulf conflict.
The United States launched fresh waves of air strikes against Iran on Wednesday, targeting military infrastructure linked to Tehran's ability to threaten shipping in the Strait of Hormuz, while Iran retaliated with attacks on US military sites across the region, pushing the Gulf closer to a broader conflict.
Dubai Aviation Engineering Projects (DAEP) has selected a consortium of India's Larsen & Toubro (L&T) and Japan's Mitsubishi Corporation to deliver the automated people-mover (APM) system for the $35 billion expansion of Al Maktoum International Airport, said a report.
Halliburton has won a multi-year contract from Saudi oil giant Aramco to deliver integrated stimulation and completion services for unconventional gas development in the kingdom. It builds on the US energy company’s established portfolio backing Aramco’s unconventional programme.
Global chemical leader Saudi Basic Industries Corporation (Sabic) has signed an agreement with China’s Rongsheng Petrochemical and its wholly-owned subsidiary Zhoushan to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.
Kuwait Petroleum Corporation (KPC) has announced that one of its oil facilities had been hit in "repeated Iranian attacks", causing significant damage and some injuries to firefighters and oil sector workers, according to the state news agency KUNA.
Kuwait Airways announced on Saturday that most of its scheduled commercial flights had been rescheduled after Kuwait International Airport temporarily suspended take-off and landing operations because of the security situation stemming from ongoing Iranian attacks.
Kuwait Petroleum Corporation (KPC) has announced that one of its oil facilities had been hit in "repeated Iranian attacks", causing significant damage and some injuries to firefighters and oil sector workers, according to the state news agency KUNA.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
UAE developer Damac Properties has announced the launch of the sixth and final tower of Chelsea Residences by Damac - the world’s first football-branded residences located in Dubai Maritime City - following the exceptional sell-out performance of the first five towers.
Burjeel Medical City (BMC), the flagship facility of Burjeel Holdings, has entered into a clinical and academic collaboration with New York-based Roswell Park Comprehensive Cancer Center, a US National Cancer Institute-designated Comprehensive Cancer Center, to establish a specialised thoracic surgery programme in the UAE.
The share of professional job vacancies in the Gulf requiring artificial intelligence (AI) skills has nearly tripled over the past four years, but for much of the region's economy the technology has yet to make a meaningful impact on hiring, according to data from Middle East recruitment platform GulfTalent.
Saudi-based Cenomi Centers has announced that the developer of its Westfield Riyadh project had secured SAR2.7 billion ($720 million) in finance from Riyad Bank which it will use to fund the lifestyle development's remaining construction costs, including a VIP lounge, a luxury retail wing and tenant fit-out support.
The UAE economy has shown remarkable resilience to the conflict in the Middle East, supported by strong buffers, timely and well-targeted policy response including by the government and the CBUAE Financial Institution Resilience Package, and the rerouting of oil and other trade flows, an International Monetary Fund (IMF) mission has said.
Emirates Telecommunications Group Company (e&) has announced the successful completion of the sale of it Vodafone stake to Vega, realising cash proceeds of $5.95 billion.
FREELANDER, a British premium intelligent all-terrain brand co-developed by Chery and Jaguar Land Rover, has unveiled the full exterior colour palette of the FREELANDER 8 and introduced its Super Intelligent Valet Parking (SIVP).
The 2027 edition of the Sony Future Filmmaker Awards is now open for submissions and free for all to enter.
Two US service members were killed in action in Jordan and one went missing while defending against Iranian ballistic missile attacks, said media reports citing US CENTCOM. This comes after Iran launched a wave of attacks on US allies in retaliation against seventh day of American military strikes.
